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Public Sector

This refers to those parts of the economy that are delivered by governmental bodies.

The Public Sectorincludes the national civil service and government agencies; military, police, emergency and security services; local authorities; National Health Service; nationalised and government owned enterprises. The public sector typically delivers services where the market is not considered suitable e.g. for Public Goods and Merit Goods.

Public Sector is a term normally found in business economics and financial management.